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Bitcoin surges above $115,000, millions in short positions liquidated
As prices recovered on positive macro signals, nearly $350 million worth of short positions were liquidated in the past day....

How Kraken is quietly becoming the most bankable name in crypto
Kraken’s record-breaking third quarter paints a vivid picture of a maturing crypto market and a grown-up company setting its sights on a long-awaited public debut. With $648 million in revenue and $...

Streaming Platform Rumble to Introduce Bitcoin (BTC) Tipping Feature
Streaming platform Rumble (NASDAQ:RUM) recently unveiled a Bitcoin tipping feature that enables users to make donations directly to digital creators and online influencers in Bitcoin. The newly announ...

Banking Sector Profits Potentially Facing Major Hit from AI Adoption, Report Claims
Banking industry profit margins are potentially facing a significant $170 billion hit from the rise of AI, according a report from McKinsey. And failure to adapt to consumers’ growing usage of artif...

Insurance Industry Under Pressure to Boost Operational Efficiency and Improve Agility : Research
The insurance sector is said to be undergoing a significant transformation. KPMG Ireland noted that as market dynamics continue to shift and new challenges present themselves, insurance industry profe...

Bank of America Finds AI Has Limited Impact on US Employment
Artificial intelligence (AI) is fueling American economic growth, though its effect on employment is limited. That’s according to a recent report from the Bank of America (BofA) Institute...

LinkedIn Co-Founder Announces Acquisition of CryptoPunk NFT
Reid Hoffman, the co-founder at LinkedIn, has announced the acquisition of CryptoPunk NFT. He also recently updated his profile picture in order to showcase the digital collectible from one of web3 ...

Aave Labs Announces Acquisition of San Francisco based Fintech Stable Finance
Aave Labs has acquired Stable Finance, a San Francisco-based fintech company. This acquisition will help Aave Labs develop more consumer-focused products for decentralized finance (DeFi). As part of t...

Tether Releases QVAC Genesis I, the Synthetic Data Set to Train STEM-Focused AI Models
Tether Data’s AI research division, QVAC, released what it claims is the largest synthetic dataset created for artificial intelligence training under a new initiative called QVAC Genesis. This initi...

Bitplanet starts daily Bitcoin accumulation with 93 BTC purchase, targets 10k BTC treasury
Bitplanet Inc. has purchased 93 BTC and initiated a daily Bitcoin buying program, positioning the company as a first mover in Korea’s public-market adoption of BTC for corporate treasuries. The Seou...

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